Builder issued ultimatum
The Star 29/05/2002
If held-back projects Rhythm Avenue and Newgate Apartments are not revived by the end of this month, the developer will have to
face the 1,500 house buyers in front of the press.
Subang Jaya assemblyman Datuk Lee Hwa Beng had made this clear at a press conference he arranged to highlight the plight of the
house buyers.
The projects were put on hold last December due to financial difficulties faced by the developer. Rhythm Avenue Apartment in
USJ 19 was 90% complete while Newgate Apartments in USJ20 was 60% complete.
Rhythm Avenue was supposed to have been ready by November last year.
''They issued statements to assure buyers that the projects will be revived by the end of this month and claimed that all
financial problems were solved.
''However until now they have not started work yet,'' Lee said after launching New Era Taichi Bowling at USJ Summit Shopping
Complex on Saturday.
Lee said, so far, as many as 400 house buyers had complained on the matter to him. The middle-cost apartments were sold at
RM80,000 to RM150,000. The buyers can do nothing except pay the monthly interest of more than RM100.
However, the developer announced in statements issued earlier that they would compensate buyers upon delivery. |